the mother of all deals, page-3

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Durr_Trades

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02/03/16

10:26

Post #: 17163235
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Originally posted by The-Schwartz ↑

The market consensus and sentiment agree; the deal announcement is coming - If the deal was not happening we would have definitely heard about it by now (we saw how fast ASX pounced for speeding ticket, so withholding a failed deal would draw much more intense investigation). The silence has also been telling - they know they finally have one in the bag (after years in the wilderness) and are doing everything to make sure it sticks

I also believe Today would be optimal and likely for the ANN. Alex likes mid week for good news and the ASX is going to be a green fire today after a big rally in US and Europe - Today is as good as it gets.

However (yes there is always a 'however' with me) pay attention to @serena and her chirping about the content of the deal - She is our coal-mine canary. I trust Al about as far as I can spit into the face of a Cat-5 Cyclonic wind. We could see massive dilution (i.e a billion or two new shares) as part of the sales agreement, a Trading Halt and SP consolidation - anything is possible with this bugger. That said if they get Gridcomm it will be impossible that we don't make at least a few pips - so ruin would be off the table - but we may (and probably will) be cheated from our 10-bag pipe-dream.

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...Today like every other day.....

ODN Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
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